I bought some. The price seem to have stabilized now, and I think that the odds are that Labcoin will come with news in the next few days and the price will go up, even if back to .001 but that would still give me 100% profit.

For those that haven't read the last 700 pages, I have been one of Labcoin's most vocal supporters. The following has been a long time coming, and I have held my tongue for too long.

The price has only stabilized because Vela filled his bids and is waiting for enough profit to start the cycle over again. Once the price creeps back up around .0009-001 Velacreations will be back with his FUD show and all of his little FUDlings will follow suit and the price will crater even further. There is no point in buying now as Labcoin is still weeks away from significant hashing increases (when their new chips arrive). Vela will have orchestrated 5 more cycles by then and the price will be 1/5th what it is now.

Bitcoin investors don't take lack of news well and we are in for a long news drought. Combined with King FUD Vela's FUD slinging cycle you can be assured of lower stock prices in the near future.

If I sound bitter it's because I am... I have over 215 BTC invested and will most likely never see it again. That's on me, but the lack of communication from whomever 'Labcoin' is in my opinion is the real culprit here. Not Vela or those manipulating the price for their own gain, in fact I can applaud their success. If Labcoin was open and honest, there wouldn't have been any room for them to sling their FUD.

Labcoin, I don't know if you have noticed or not, but your stock has completely tanked due to non-existent investor confidence. Your strategy of withholding information so that the bad news doesn't hurt the share prices has failed. It's time for full disclosure, warts and all. Tell us EXACTLY what is wrong and the steps you are taking to resolve them. Tell us why Howard Wang is no longer involved and if/when he is being replaced. In short, and I don't use expletives casually, TELL US WHAT THE FUCK IS GOING ON!

I'm taking 1 BTC and .5BTC bets that LC is at .0001 in 24 hours. On your honor and name. I have 10 BTC to spare

Just a public reminder to moneymanagement that he hasn't made good on our 1BTC bet that ended yesterday.

moneymanagement, if you weren't just looking to scam, please send the payment to my address at 16caqdKMggN2WzHx7znW9pwGt8b5G8sZMv

What did you expect? This is why I stated escrow mandatory for my bets (that one dared to take).

I know that he wasn't a hero member or anything, but I figured it was a safe bet, so I took it. The chance of him not paying out were factored into the odds, but I still expect him to pay out and to keep his word, unless he just scammer-bails.

I'm taking 1 BTC and .5BTC bets that LC is at .0001 in 24 hours. On your honor and name. I have 10 BTC to spare

Just a public reminder to moneymanagement that he hasn't made good on our 1BTC bet that ended yesterday.

moneymanagement, if you weren't just looking to scam, please send the payment to my address at 16caqdKMggN2WzHx7znW9pwGt8b5G8sZMv

What did you expect? This is why I stated escrow mandatory for my bets (that one dared to take).

I know that he wasn't a hero member or anything, but I figured it was a safe bet, so I took it. The chance of him not paying out were factored into the odds, but I still expect him to pay out and to keep his word, unless he just scammer-bails.

There is very little honour among Men these days, consider yourself lucky if he proves to be a Man of integrity. Escrow up front or you can call them out on their lack of fortitude from the start, we'll shame them out of here in time.

I bought some. The price seem to have stabilized now, and I think that the odds are that Labcoin will come with news in the next few days and the price will go up, even if back to .001 but that would still give me 100% profit.

For those that haven't read the last 700 pages, I have been one of Labcoin's most vocal supporters. The following has been a long time coming, and I have held my tongue for too long.

The price has only stabilized because Vela filled his bids and is waiting for enough profit to start the cycle over again. Once the price creeps back up around .0009-001 Velacreations will be back with his FUD show and all of his little FUDlings will follow suit and the price will crater even further. There is no point in buying now as Labcoin is still weeks away from significant hashing increases (when their new chips arrive). Vela will have orchestrated 5 more cycles by then and the price will be 1/5th what it is now.

Bitcoin investors don't take lack of news well and we are in for a long news drought. Combined with King FUD Vela's FUD slinging cycle you can be assured of lower stock prices in the near future.

If I sound bitter it's because I am... I have over 215 BTC invested and will most likely never see it again. That's on me, but the lack of communication from whomever 'Labcoin' is in my opinion is the real culprit here. Not Vela or those manipulating the price for their own gain, in fact I can applaud their success. If Labcoin was open and honest, there wouldn't have been any room for them to sling their FUD.

Labcoin, I don't know if you have noticed or not, but your stock has completely tanked due to non-existent investor confidence. Your strategy of withholding information so that the bad news doesn't hurt the share prices has failed. It's time for full disclosure, warts and all. Tell us EXACTLY what is wrong and the steps you are taking to resolve them. Tell us why Howard Wang is no longer involved and if/when he is being replaced. In short, and I don't use expletives casually, TELL US WHAT THE FUCK IS GOING ON!

Yep, that's the unfortunate reality. I have much less than you, about 5x less in fact, but still it's still very significant for me. I am also considering that the money was lost but deep inside I know that's only a worst case scenario, in reality I still see a 30-50% chance of getting that money and more back.

I bought some. The price seem to have stabilized now, and I think that the odds are that Labcoin will come with news in the next few days and the price will go up, even if back to .001 but that would still give me 100% profit.

For those that haven't read the last 700 pages, I have been one of Labcoin's most vocal supporters. The following has been a long time coming, and I have held my tongue for too long.

The price has only stabilized because Vela filled his bids and is waiting for enough profit to start the cycle over again. Once the price creeps back up around .0009-001 Velacreations will be back with his FUD show and all of his little FUDlings will follow suit and the price will crater even further. There is no point in buying now as Labcoin is still weeks away from significant hashing increases (when their new chips arrive). Vela will have orchestrated 5 more cycles by then and the price will be 1/5th what it is now.

Bitcoin investors don't take lack of news well and we are in for a long news drought. Combined with King FUD Vela's FUD slinging cycle you can be assured of lower stock prices in the near future.

If I sound bitter it's because I am... I have over 215 BTC invested and will most likely never see it again. That's on me, but the lack of communication from whomever 'Labcoin' is in my opinion is the real culprit here. Not Vela or those manipulating the price for their own gain, in fact I can applaud their success. If Labcoin was open and honest, there wouldn't have been any room for them to sling their FUD.

Labcoin, I don't know if you have noticed or not, but your stock has completely tanked due to non-existent investor confidence. Your strategy of withholding information so that the bad news doesn't hurt the share prices has failed. It's time for full disclosure, warts and all. Tell us EXACTLY what is wrong and the steps you are taking to resolve them. Tell us why Howard Wang is no longer involved and if/when he is being replaced. In short, and I don't use expletives casually, TELL US WHAT THE FUCK IS GOING ON!

Yep, that's the unfortunate reality. I have much less than you, about 5x less in fact, but still it's still very significant for me. I am also considering that the money was lost but deep inside I know that's only a worst case scenario, in reality I still see a 30-50% chance of getting that money and more back.

This is EXACTLY why buying shares is looney tunes. Labcoin have their heads in the sand and the fact that they are saying nothing about really important matters is an awfully bad omen. The reality is they know doing so would damage share price and shareholder confidence irreversibly.

The price has only stabilized because Vela filled his bids and is waiting for enough profit to start the cycle over again. Once the price creeps back up around .0009-001 Velacreations will be back with his FUD show and all of his little FUDlings will follow suit and the price will crater even further. There is no point in buying now as Labcoin is still weeks away from significant hashing increases (when their new chips arrive). Vela will have orchestrated 5 more cycles by then and the price will be 1/5th what it is now.

Bitcoin investors don't take lack of news well and we are in for a long news drought. Combined with King FUD Vela's FUD slinging cycle you can be assured of lower stock prices in the near future.

If I sound bitter it's because I am... I have over 215 BTC invested and will most likely never see it again. That's on me, but the lack of communication from whomever 'Labcoin' is in my opinion is the real culprit here. Not Vela or those manipulating the price for their own gain, in fact I can applaud their success. If Labcoin was open and honest, there wouldn't have been any room for them to sling their FUD.

I don't own Labcoin and haven't since I sold at .0038. I have been upfront with my comments about Labcoin, and never used my comments to "manipulate" the share price to my advantage. My comments have always been warnings to people who may not know the situation.

I do remember you encouraging people to buy all the way down, though. You were wrong about the company, about their legitimacy, and about their value. You encouraged people to purchase shares, even when value was decreasing rapidly. The manipulator here is you! And on top of everything else, you convinced newbies to ignore the only voices of reason on this thread, and instead, listen to you and the Fan Boys pump up the price so you could sell your shares to unsuspecting newcomers. Congratulations!

Aside from JohnyBigs, I can't think of any bagholder that deserves his losses as much as you.

The voices of reason on your little list were warning people all along. Where is the evidence? Where is the legitimate communication? All the while, you made fun of those criticisms, and look where you are, now.

The security you support lies to it's shareholders, misses deadlines, sells 1M shares, doesn't prove hardware, doesn't communicate, etc, etc, etc. I didn't "manipulate" that, they did. I have merely pointed out that Labcoin is overvalued, and I used Labcoin's (and their supporter's) math to show that. You know, like when we heard how rich everyone would be when Labcoin had 10% of the network? Well, when they have .05% of the network, that same math can show how they are SEVERELY OVERVALUED.

Labcoin, I don't know if you have noticed or not, but your stock has completely tanked due to non-existent investor confidence. Your strategy of withholding information so that the bad news doesn't hurt the share prices has failed. It's time for full disclosure, warts and all. Tell us EXACTLY what is wrong and the steps you are taking to resolve them. Tell us why Howard Wang is no longer involved and if/when he is being replaced. In short, and I don't use expletives casually, TELL US WHAT THE FUCK IS GOING ON!

now you're complaining about it?

Anyway, yeah it totally sucks. But if the company isn't a total scam, or the entire first-gen chips aren't complete failures then I don't think there's much to worry about.

The big drag on prices is the fact that the future of the stock is so uncertain. People don't know if it'll be listed anywhere else, or if they're competent to manage all the shares manually. And that's a huge problem, but if it gets solved the price should recover somewhat.

The other problem, of course is that the longer they fail to hash the lower the 'true' price is - so if they announce a move to bitfunder two weeks from now and their hashrate still hasn't improve then, well, they're still kinda fucked.

I think at this point, the only realistic thing to do is just wait for the exchange issues to get sorted out at this point.

It's pretty common for startups to have delays and issues. And most corporations don't communicate every technical detail to their customers.

The problem is that that even a slight delay can kill profitability at this point in the difficulty growth curve, plus you have a lot of newbie investors probably poring way too much BTC into this for their own good, plus the massive scam potential, massive trolling in the thread, and you have a recipe for far more drama then you'd see with a typical startup.

Pure manipulation. Big sellers are creating artificial buying interest to attract new buyers before dumping their large holdings onto them. Its a classic move, do not be hooked in, keep your money safe.

Pure manipulation. Big sellers are creating artificial buying interest to attract new buyers before dumping their large holdings onto them. Its a classic move, do not be hooked in, keep your money safe.

Doesn't seem very likely. You have to buy a lot more than you can sell.

Unit 1010, Miramar Tower, 132 Nathan RoadTsim Sha Tsui, KowloonHong Kong,HONG KONGThis location is infact a shopping center which probably has lots of small shops in it, which i presume itec would be one of them, therefore you have to ask the number below for itec pro store and undergoe further investigation such as asking if their is a shop and who owns it, etc etc, as these jerks behind labcoin are supposedly the ceo of this company

This once again needs a call to make sure the information stated is correct that fabriozzi actually has an itec company, and would actually confirm the identity of samuel noi, if anyone can speak japanese please call them and pick at the reciever with lots of questions, also get the store number for itec pro, so you can pick at the emplyees with lots of questions, i don;t think we can take anything for facevalue anymore, we need to find if any information is true which they have given us